Income-tax Act, 1961
Section - 158B - Definitions
30[CHAPTER XIV-BSPECIAL PROCEDURE FOR ASSESSMENT OF SEARCH CASESDefinitions.158B. In this Chapter, unless the context otherwise requires,-
| (a) | - | "block period" means the period comprising previous years relevant to six assessment years preceding the previous year in which the search was initiated under section 132 or any requisition was made under section 132A and also includes the period starting from the 1st day of April of the previous year in which search was initiated or requisition was made and ending on the date of the execution of the last of the authorisations for such search or such requisition; |
| (b) | - | "undisclosed income" includes any money, bullion, jewellery 31[, virtual digital asset] or other valuable article or thing or any expenditure or any income based on any entry in the books of account or other documents or transactions, where such money, bullion, jewellery 31[, virtual digital asset], valuable article, thing, entry in the books of account or other document or transaction represents wholly or partly income or property which has not been or would not have been disclosed for the purposes of this Act, or any expense, exemption, deduction or allowance claimed under this Act w .... To read the full section download the app from Google Play store
22 September 2026
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